- Excellent –condition means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. This vehicle has never had any paint or body work and is free of rust. The vehicle has a clean Title History and will pass a smog and safety inspection. The engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. The vehicle also has complete and verifiable service records. Less than 5 percent of all used vehicles fall into this category.
- Above Average – better than average condition means that the vehicle is free of any major defects. This vehicle has a clean Title History, the paint, body and interior have no blemishes, and there are no major mechanical problems. There should be no rust on this vehicle. The tires match and have substantial tread wear left. A “very good” vehicle will not need reconditioning to be sold at retail.
- Average – condition means that the vehicle is free of any major defects. This vehicle has a clean Title History, the paint, body and interior have only minor (for the model year) blemishes, and there are no major mechanical problems. There should be little or no rust on this vehicle. The tires match and have substantial tread wear left. A “good” vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category.
- Below Average – condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. This vehicle has a clean Title History, the paint, body and/or interior need work performed by a professional. The tires may need to be replaced. There may be some repairable rust damage.
- Poor –condition means that the vehicle has severe mechanical and/or cosmetic defects and is in poor running condition. The vehicle may have problems that cannot be readily fixed such as a damaged frame or a rusted-through body. A vehicle with a branded title (salvage, flood, etc.) or unsubstantiated mileage is considered “poor.” A vehicle in poor condition may require an independent appraisal to determine its value
FAQs
What is considered a good condition car? ›
“Good” condition means that the vehicle has some cosmetic repairable defects and is free of major mechanical problems. The paint and bodywork may require minor touch-ups. The engine compartment may have minor leaks. This vehicle has only minor cosmetic or no rust.
How to rate vehicle condition? ›Outstanding: Exceptional mechanical, exterior and interior condition; requires no reconditioning. Clean: Some normal wear but no major mechanical or cosmetic problems; may require limited reconditioning. Rough: Several mechanical and/or cosmetic problems requiring significant repairs.
What is excellent condition good condition? ›Excellent Condition: Very clean, might have some minor wear, dings, scratches, or finish cracks, but otherwise very close to new condition. Very Good Condition: Basically clean, might have some deeper scratches, pick wear, or missing finish. Nothing really serious and no cracks, unless otherwise stated.
What is considered a very good condition? ›Used - Very Good: A well-cared-for item that has seen limited use and remains in good working condition. The item may show some limited signs of wear with small scratches or cosmetic blemishes.
What is a #3 condition car? ›Condition 3 – Average:
Exterior: Has some visible dings, minor dents and/or scratches, glass may have a scratch but not a crack, and paint shows normal oxidation. Interior: Driver area show worn seat, carpet and dash have a faded appearance. Overall interior shows normal wear.
The 1 to 5 scale is a an internationally accepted rating system of categorising assets based on condition. The International Infrastructure Management Manual, 2006 is often referenced in relation to the 1-5 scale, where 1 is 'Excellent' and 5 is 'Very Poor'.
How to tell if a car is in good or fair condition? ›The tires match and have substantial tread wear left. A "good" vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category. Fair condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition.
What does grade 4 mean on a car? ›Grade 4. The vehicle may have defects as in Grade 1, 2 & 3 it could also include or have a combination of: A panel with significant damage i.e. over 30% or a significant crack to a bumper.
What is a bad car rate? ›People with excellent credit qualified for rates around 5.64 percent, while people with bad credit had an average new car rate of 14.78 percent. Rates for used cars were higher — 11.93 percent across credit scores. And the average rate for bad credit was a sky-high 21.55 percent.
What is a fair condition? ›What Does Fair Condition Mean? This means the patient's vital signs are stable and within normal limits. They're conscious, though they might feel uncomfortable. And the doctor expects them to have a favorable (promising) outcome.
Is acceptable condition better than good condition? ›
Very good—a book does not look new and has been read but is in excellent condition. Good—a book has been read but is in good condition. Acceptable —a book with obvious signs of wear.
What is the difference between good and excellent condition back market? ›Excellent (Grade A) devices are like new ones. Good (Grade B) devices are in working condition but have light cosmetic issues. Fair (Grade C) devices have light but visible scratches on the body.
What does used in good condition mean? ›Used (good) Meaning. Minor signs of wear. Item is operational and works as intended. Condition.
How many miles should a car have to be in good condition? ›To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that's 5 years old is 60,000. Significantly more or fewer miles could indicate a problem or trouble in the future.
How do you tell if a car is in good or fair condition? ›The tires match and have substantial tread wear left. A "good" vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category. Fair condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition.
What is the #2 condition car? ›2: Fine. An original that is considered to be in 'excellent' condition or well-restored though not quite at the level of a classic vehicle rated at number one. The vehicle should be well cared for and displays minimal wear and tear.
What is considered too expensive for a car? ›Use your annual income as a starting point to calculate how much car you can afford based on monthly payments. Financial experts recommend spending no more than about 10% to 15% of your monthly take-home pay on an auto loan payment.
